Adjusted earnings before interest and taxes this year will be about $10 billion, down from a previous outlook for as much as $12 billion, the company said Oct. 28.
October 28, 2024Search
Showing 10 of 8140 results
= Premium Content
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
United Rentals Hits Q3 Revenue High, Faces Margin Pressure
United Rentals Inc. set a quarterly revenue record in Q3 on surging demand in its specialty rentals segment, but the company faced margin pressure on bottom-line results.
October 28, 2024International Motors Q3 Profit Almost Doubles as Sales Soar
Profit at International Motors almost doubled year on year in Q3 as the OEM cleared a delivery backlog caused by a Q2 fire at a mirror supplier, with truck sales jumping more than 40%.
October 28, 2024Voltera Adds Two California Truck Charging Locations
“Securing these two sites in California is a significant step forward in our mission to support the electrification of commercial fleets,” said Sylvia Hendron.
October 28, 2024Autonomous Yard Tractor Developer Outrider Raises $62M
Autonomous electric yard tractor software developer Outrider raised $62 million in an oversubscribed Series D financing round, it said Oct. 24.
October 28, 2024VW Plans to Close Three German Factories
Volkswagen AG plans to close at least three factories in Germany as Europe’s biggest automaker tries to slash expenses to become more competitive.
October 28, 2024Truck Maker Scania Plans Complete Shift to Northvolt
Volkswagen’s truck manufacturing brand Scania plans to equip all its future electric trucks with Northvolt batteries, in a vote of confidence for the cash-strapped Swedish battery maker.
October 28, 2024Tesla Targets Full Semi Production by End of 2026
Tesla expects production of its Semi Class 8 tractor to accelerate to full throttle by the end of 2026, according to a senior executive, as the automaker offers more details about the vehicle.
October 25, 2024VW’s Scout Motors Adds New Hybrid Models
Volkswagen AG’s forthcoming Scout line of battery-powered sport utility vehicles and pickup trucks is adding gasoline-fueled internal combustion engines to the mix.
October 25, 2024Mack Trucks Brings All Cab Assembly In-House
Volvo Group closed a $40 million deal to buy Commercial Vehicle Group’s Kings Mountain, N.C., cab assembly operations in early October, it said when releasing third-quarter 2024 earnings.
October 24, 2024